Farm Commodity Settlements/CME, December 11/2015 FRIDAY
MARKETS: PRICE SUPPLY/DEMAND DURING RELATIVE STRENGTH TRADE
TRENDS: UP/LINES ACROSS ASCENDING LOWS, DOWN/LINES ACROSS DESCENDING HIGHS
TRADING: DAILY MOVE VOLATILITY ACTIVITY RELATIVE TO TRENDS AND TARGETS
TARGETS: PROJECTED:MEASURED PRICE OBJECTIVES OF TRADING, LENGTH OF MOVE
CORN: 30 CENT DAILY LIMIT
TRENDS: PRICE UP (GRADUAL) OPEN INTEREST DOWN VOLUME DOWN WORLD STOCKS FLAT
TRADING: FLAT DECELERATED SELLING RESISTANCE@378@PREVIOUS HIGHS OVERBOUGHT
TARGETS: 360 368 (373-378) 386 395 PREMIUM MARKET HIGHER LOWS
POSITIONS:: HEDGER/SOLD LONG SOLD SHORT INVESTOR/COVERED SHORT=LESS VOLATILE
SOYBEANS: 70 CENT DAILY TRADING LIMIT
TRENDS: PRICE UP (MODERATE) OPEN INTEREST UP VOLUME DOWN WORLD /STOCKS FLAT
TRADING: FLAT DECELERATED NET SELLING RESISTANCE FLAT@885 SUPPORT@TREND=CONVERGENCE
TARGETS: 850 865 (876-885) 902 928 PREMIUM MARKET FLAT HIGHS HIGHER LOWS
POSITIONS: HEDGERS/SOLD SHORT INVESTORS/COVERED SHORT=LESS VOLATILE
WHEAT: 40 CENT DAILY LIMIT
TRENDS: PRICE UP (STRONG) OPEN INTEREST DOWN VOLUME DOWN/LOW W/STOCKS UP
TRADING FLAT DECELERATED NET SELLING RESISTANCE@PREVIOUS HIGHS SUPPORT@TREND
TARGETS: 531 503 (492-482) 466 453 PREMIUM MARKET HIGHER LOWS=CONVERGENCE
POSITIONS: HEDGERS/COVERED SHORT INVESTORS/ SOLD LONG=FLAT VOLATILE
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-
TRENDS: PRICE DOWN OPEN INTEREST UP VOLUME DOWN
TRADING: DOWN ACCELERATED SELLING AWAY FROM TREND CLOSED BELOW 115 BOTTOM OVERSOLD
TARGETS: 7780 7573 7490 (7418-7297) 7200 YEAR END REPATRIATION
POSITIONS: HEDGERS/BOUGHT LONG INVESTORS/SOLD SHORT+BOUGHT LONG=FLAT VOLATILE
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TRENDS: PRICE DOWN/MORE OPEN INTEREST UP VOLUME UP
TRADING: DOWN ACCELERATED NET SELLING TEST/SUPPORT@TREND BREAKOUT BELOW 125
TARGETS: 174 153 145 137-(125)-115) PREMIUM MARKET LOWER HIGHS
POSITIONS: HEDGERS/SOLD SHORT INVESTORS/ COVERED SHORT=LESS VOLATILE
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